Credit Analyst 1

Phoenix, AZ

Job description

In conformance with established policies and procedures, responsible for conducting basic to moderately complex credit analysis activities including gathering, analyzing and interpreting all types of credit and financial information for existing customers in support of efforts to minimize risk and potential loss. Provide excellent customer service.

Duties and Responsibilities

  • Focus on the customer and provide quality customer service
  • Monitor the intake of on line loan leads
  • Work with the prospect to ensure that we have all the proper documentation needed to complete the file based on the product and the approval requirements
  • Insure all information collected is uploaded to the appropriate loan systems.
  • Prepares and presents credit analysis reports
  • Assist in monitoring the performance of commercial credits relative to loan covenants and financial reporting requirements
  • Performs economic and industry analyses, financial projections and risk assessments
  • Interpret financial data, including ratio analysis, cash flow and margin analysis
  • Prepare written historical analysis for business entities
  • Prepare written analysis of current financial status on individual borrower(s) / guarantor(s)
  • Project impact of proposed loan request(s)
  • Request financial updates from borrower(s) /guarantor(s) as required
  • Update spreads and cash flow upon receipt of new financials
  • Identify and address Credit Policy and Procedure exceptions in the underwriting process
  • Maintain financial statement and Loan covenant tracking database
  • Monitor Financial Loan Covenants for compliance and follow with loan officer and borrower
  • Provides excellent customer service; representing the Bank in a courteous, friendly and professional manner
  • Assist the Senior Credit Officer and Senior Credit Analyst as required
  • Performs other duties as assigned

Position Qualifications
Credit Analyst I - Minimum 1 year credit analysis experience desired

  • Basic understanding of general economic theory as it relates to the lending and business environment
  • Working knowledge of accounting and finance principals
  • Strong PC skills with particular emphasis on Excel
  • Knowledge of Prestamos policies, procedures and banking regulations regarding compliance and credit reporting
  • Strong technical report writing and communication skills
  • Excellent interpersonal skills and ability to develop rapport with people
  • Excellent organizational skills
  • Ability to function in a team environment, be enthusiastic, a team player
  • Maintain a current knowledge of and process work in accordance with Bank policies and procedures
  • Complete all required training within established time frames
  • Ability to meet the Prestamoss standard of attendance
  • Ability to project a professional image

Working Conditions

  • Normal working conditions
  • Occasional exception hours or overtime may be required

Progression Generally depends upon degree of independence, amount of discretionary judgment required, experience, and time in position and availability of appropriate job openings.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of the employee(s) classified in this position.